Business
Wall Street ends lower as yields climb; crypto stocks drop
The crypto market has lost more than US$1 trillion in value since hitting a record of around US$4.3 trillion, according to CoinGecko US…
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Business
Business
European shares kick off December on negative note; Airbus slides
European shares ended lower on Monday (Dec 1), with defence and Airbus-led industrial stocks weighing heavily on the main index, kicking…
Business
The hidden cost of cloud centralization
When AWS’s US-East-1 region went dark in late October, followed just a week later by a Microsoft Azure outage, it was yet another stark…
Business
Kash Patel Is Under Investigation for Using FBI Jet as Private Uber
Kash Patel is in hot water for joyriding on the FBI’s dime. Top Democrats on the House Judiciary Committee on Monday opened an…
Business
Starbucks to pay more than $38 million to NYC workers over labor violations
Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and…
Business
EV sales take a dive without taxpayer subsidies
Americans were already feeling uneasy about purchasing an electric vehicle. Then the generous tax subsidies ended. Source link
Business
Housing market delistings just hit a decade high—raising one big question
Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. While national active…
Business
Omnicom to cut over 4,000 jobs and shutter legacy ad agencies after IPG acquisition
Omnicom said on Monday it will lay off more than 4,000 employees and fold several well-known advertising agency brands after its $13…
Business
Car-sharing company ZipCar to end UK operations
Car-sharing platform Zipcar has said it is to close its UK operations by the end of the year. The US-based company, which is owned by car…
Business
Epic Games Vet Stacy Minero Named Marketing and Experiences Chief at IRL Marketing Firm Outfront Media (EXCLUSIVE)
Out-of-home media and IRL marketing company Outfront Media has tapped Epic Games marketing exec Stacy Minero as its new chief marketing…
Business
JPMorgan doubles Swiss business by targeting wealthy clients
JPMorgan doubled its Swiss domestic private banking business between 2020 and 2024 and aims to do so again by 2030 as it targets the…
Business
Wall Street opens lower ahead of Powell speech, manufacturing data
Wall Street’s main indexes opened lower on Monday (Dec 1) as investors stood on the sidelines ahead of fresh economic data and a closely…
Business
Nvidia takes US$2 billion stake in Synopsys as AI deal spree accelerates
The deal adds to Nvidia’s slew of new partnerships in the artificial intelligence ecosystem Nvidia has invested US$2 billion in chip…
Business
Sanli Environmental raises about S$10 million in placement amid record order book
Catalist-listed Sanli Environmental raised gross proceeds of some S$10 million in its placement of nearly 38.5 million fully paid-up…
Business
Corporations say they prioritize people. So why do so few chief people officers become CEOs?
Hello and welcome to Modern CEO! I’m Stephanie Mehta, CEO and chief content officer of Mansueto Ventures. Each week this newsletter…
Business
SoftBank’s Son ‘cried’ about Nvidia stake sale to fund AI bets
The company needs to raise capital to fund projects including data centre construction SoftBank Group founder Masayoshi Son said he…
Business
Tim Robinson Finds Humanity—and Tests It—in “The Chair Company”
In this outline, “The Chair Company” could be a sketch premise: “guy loses it after embarrassing himself at a big meeting.” This was the…
Business
UK lenders approve more mortgages than expected in October, consumer lending cools
British lenders approved more mortgages than expected in October, despite concerns about finance minister Rachel Reeves’ budget, and…
Business
Singapore shares rise marginally as investors turn cautious ahead of Fed decision
Decliners beat gainers 279 to 271 across the broader market, as 1.3 billion securities worth S$1.4 billion are transacted Singapore stocks…
Business
China’s slow-motion stock rally starts to win investor trust
Blue-chip index CSI300 has matched the S&P 500 with a roughly 16% year-to-date gain [SINGAPORE/SHANGHAI] Fund managers are picking Chinese…
Business
Standard Chartered raises China 2026 GDP growth forecast to 4.6%
Standard Chartered revised its forecast for China’s 2026 gross domestic product growth to 4.6 per cent from 4.3 per cent, citing the…
Business
Thai central bank proposes new foreign-exchange rules to ease pressure on baht
The Bank of Thailand (BOT) plans to roll out additional measures to ease appreciation pressure on the baht and tighten oversight of…
Business
The key to high-performing teams isn’t more talent or perfect leaders
Below, Jon Levy shares five key insights from his new book, Team Intelligence: How Brilliant Leaders Unlock Collective Genius. Levy is a…
Business
Virgin Media fined £24m for leaving customers 'at risk of harm'
Archie MitchellBusiness reporter Virgin Media has been fined £23.8m for leaving thousands of customers without access to lifesaving…